Coty CEO Sue Nabi on Better Than Expected Results

The CEO of Coty discusses the company's growth since September 2020, highlighting strong sales in the US and China. The relaunch of Kylie Cosmetics has been successful, with high consumer demand. Coty is preparing for major product launches, including Gucci and Burberry fragrances. Despite economic concerns, the company maintains a premium pricing strategy. Employee engagement and future business strategies are also addressed, with a focus on adapting to potential challenges.

What significant growth did Coty experience in Q4 for its Prestige brands?

• No growth

• More than doubled

• 90% growth

• 50% growth

Which two regions were highlighted as standouts for Coty's market performance?

• US and China

• India and Brazil

• Canada and Mexico

• Europe and Australia

What was the initial consumer response to the relaunch of Kylie Cosmetics?

• 300 orders per minute

• 400 orders per minute

• 200 orders per minute

• 100 orders per minute

What feature of the Kylie Lip Kit makes it suitable for current consumer needs?

• Long-lasting fragrance

• Affordable pricing

• Transfer-proof technology

• Eco-friendly packaging

Which celebrity is associated with the launch of Gucci's Flora Gorgeous Gardenia fragrance?

• Selena Gomez

• Taylor Swift

• Miley Cyrus

• Ariana Grande

What is the expected growth rate for Coty's fiscal 22?

• Low single digits

• High single digits

• Low teens

• High teens

What category has proven to be crisis-proof according to Coty's CEO?

• Hair care

• Skin care

• Makeup

• Fragrances

How has Coty approached pricing for its new product innovations?

• Variable pricing

• Premium pricing

• Standard pricing

• Discounted pricing

What is Coty's stance on COVID-19 vaccinations for employees?

• Only for senior staff

• Not addressed

• Encouraged but not mandatory

• Mandatory for all

What has been a key focus for Coty in terms of employee engagement during the pandemic?

• Increasing remote work

• Cutting costs

• Reducing staff

• Enhancing human interactions